Home | News and Analysis | 26-30 Oct 09 | 19-23 Oct 09 | Next EmergingFrontierMarkets.comemerging and frontier markets:the unofficial field guideSite Owner/ Publisher: Sta. Romana, Leonardo L. Based in: Manila, Philippines Posted on Fri, 23 Oct 09: Michael Spence: Achieving growth aspirations in a rebalanced world--If
the slowdown in advanced nations persists, pre-crisis growth levels
will not be achievable in the developing world either, owing to
insufficient demand to absorb the implied increase in output. So what
can be done to shore up global aggregate demand & growth prospects,
while preserving the econ openness that has benefited major parts of
the developing world so greatly in the past 30 yrs?, asks Nobel laureate '01 & Growth Comm chair, Proj Syndicate (courtesy Daily Star/Lebanon), 23 Oct 09 Michael Richardson: Influential Asian groupings--With top Asian leaders gathering in Thailand for the ASEAN Summit, can Asia leverage its growing weight in the global economy into a more influential leadership role in the world?, asks Inst SEAsian Studies visiting senior res fellow. Japan Times, 23 Oct 09 (Jakarta Post--ASEAN risks losing clout in East Asia) Posted on Thu, 22 Oct 09: Ethiopia asks for urgent food aid: The Ethiopian govt has asked the int'l community for emergency food aid for 6.2m people. It has been hit by the food crisis affecting a large part of East Africa and the Horn. A drought, brought on by 4 yrs of bad harvests, has been made worse by conflict, climate change and pop. growth. 25 yrs ago, a '84 famine killed a million people in the nation, BBC News, 22 Oct 09 (Oxfam--Band-Aids and Beyond) John Williamson: The case for issuing Special Drawing Rights (SDR) regularly--Most of us can think of other reforms to the int'l financial system that we would like to see. But it is quite difficult to think of other reforms that promise equally profound benefits to the world and which demand so little in the way of change. SDR allocation involves merely making use of what already exists, not making big and difficult reforms, says Peterson Institute senior fellow, VoxEU, 2 Oct 09 (Q&A--The dangers of an overvalued dollar [pdf]) Posted on Wed, 21 Oct 09: Maldives plans climate meet for threatened nations: The Maldives will convene a summit next mo. of countries suffering some of the worst impacts of climate change ahead of a global conference on the issue in Copenhagen. The low-lying island nation has become a leading voice on global warming, even staging an underwater Cabinet meeting to express concerns about rising sea levels, AP (courtesy Indopia), 21 Oct 09 (CBC--Maldives cabinet holds underwater meeting) Willem Thorbecke: East Asian production networks, global imbalances, and exchange rate coordination--The Achilles heel of Asian production networks is its dependence on developed economies for final demand. As private demand in US, Europe and Japan fell during the crisis, exports produced within regional production networks collapsed. Signs are emerging that East Asian production networks are reviving. The not-so-good news is that exchange rate arrangements within the region may not allow this revival to be sustained, says Asian Dev Bank Institute senior research fellow, Econbrowser, 19 Oct 09 Posted on Tue, 20 Oct 09: Foundation announces decision not to award African leadership prize this year: The Ibrahim Prize for Achievement in African Leadership Prize Committee announced that while it has considered some credible candidates, after in-depth review, it could not select a winner. The committee welcomed the progress in governance in some nations while noting with concern the recent setbacks in others, Ibrahim Foundation, 19 Oct 09 [pdf] (Radio France Intl--No '09 African leadership prize) Steven Levitt: The rumors of our global-warming denial are greatly exaggerated--SuperFreakonomics isn't even on sale yet, and the attacks on our chapter about global warming are already underway. A prominent environmental blogger has attacked us, as well as a well- known environmental-advocacy group, says U Chicago economist, Freakonomics (on NYTimes), 17 Oct 09 (S Dubner--Anatomy of a smear); and Joseph Romm: New book pushes global cooling myths, sheer illogic, and 'patent nonsense': The primary climatologist it relies on, Ken Caldeira, says 'it is an inaccurate portrayal of me' and 'misleading in many' places, notes Climate Progress editor, 12 Oct 09 (Anatomy of a debunking) Notice from the Publisher about the disruption in our posting: Our posting on Mon, 19 Oct was disrupted due to a knock-on effect from a disruption in our "migration" work to a new Web host, Emerging Markets: The Unofficial Field Guide, 20 Oct 09 |